Newspaper Page Text
THE WASHINGTON HERALD. TUESDAY, MARCH 4, 191&
Shorts Become Nervous and
Bulls Help Along Move
ment Against Them.
iOCAL MARKET IS QUIET
Values Steady Holiday To-day Gos
sip of Financial Circles Utili
ties Bill a Law.
By I. A. I'LGVnC
There was a decided Improvement on
"Wail Street exttndinc to advances of
1 and 2 points throu&hout the entire list,
en eales of tMCCO shares
The advance was due chief! v to abort
coierins, and the action of bulls In giv
ing support to a movement afrainat the
bears that ws eminentl successful.
There was nothing in the jrencrnl neiAi
of a character to Inspire confidence Ac
tion undr the proiions of the Sher
man act was begun acriinst cral cor
poration there vas no decision in the
Minnesota rate cae. and the Preident
elect ha not loosened up any information
that is likelx to omfort the street to
anv appreciable desrree
There will lie four more decis'on 6ar
before the pnnK adjournment nf the
Supreme Court snd on one of thce four
the much mooted rate ca;e -hould he
It is nnrounced. pureU as a rumor, thai
the ineomlnK Pif-ident lias in mind
th- adioca- of legislation that will -it
once Kle him two appointments to the
Supreme Cour't through increa"lnr thit
bod b two members This information
is ssic to come from the highest sources
Discussion of the matter was started
at Trenton last fall It is safe to say that
rone bjt ultri-prorressies will stand a
chance of nomination, after Mr Wilson
assumes the reins f (roemmmt He
wants justices vho will execute the peo
While pood cains were held through
out the session, there were some re
cessions on proflt-takinc; and on selling
In bears, who hae iost rone of their
conviction that lower prices will prevail
The last two hours of the session were
The ii augural veisnn w excuse
enough for a lighter attendance on
Change and a reduction in business To
dav the Exchange will be closed, so
will the banks e
Valuer were not materially changed.
Stocks move along at about the same
gait from day to la Railway common,
Hl-4 tli- preferred. M with a little
Capital Traction at 12 3-1
Mergenthaler was wanted at 217 1-
Ixnston was tlrm at S51-4
(las ". s eold at 109 1-1, Railway 4 s soft
The passage of the utiltti-s hill is gen
erally considered satisfactory for the
restrict of Columbia It does not meet
with everv one i approval, but It is a
law that the District has needed for
One of its provisions will permit of a
materia increase in the number of di
rectors in the gas company. It Is too
close a corporation at this time, and
the election of three or four good men
on the board would help matters
Oharlei J Bell returned from Florida
New Tork Vl.rch 3 -Oosini: quotiuon, of
tw l(tk tUl fm 15T . .
Amencin Hide A Leather s ... -
Am Tel A Tel ctt. 4 t. rcpU fUl paid .
A . T A R P Ken. 4s
A T A S P. crt. 5s .
A . T A P P crt. 4f 1T
AUantie Out Line I A N 4
Baltimore A, Ohio v 1 3V
Faltimoie A Ohio dd 4
Bilt roo-e A Ohio ert 4- iVn is -ed
Bs.t Ohio-Pitt-- I. 11 A W A W V 41
Ilro41m Ratsd Tran-t i. -
Cr itral of Georp. con ..
Che-arcale A 'ht- crt 4',, . . .
c T- f. Q ion ' s
A t Paul 4' wien laM
1 A P rfs 4.
Dull! s i on
Erie Ctl 1 KTies V
T,I N rtten,
In'erhoro-VI iroiolitm 4-
K-r, A llich J
Liesrtt 4 M
Lenllard Co S
Nrir Terk Central r
e To Railar ad)
Nes- Tort Telecraph 4lw
Norfolk SootVem r rK A
Norfo'k 4 Western r,t 4a
Norfoll. A vrn m ', Then Ian
Northern Parifie i.
O-gon Short Ine rf. 4? . .
I'enn rtd '.'. '
Pcnnwl'inia ?. 1
Pennltanla J1". 15
Penmsltarda 31" 115 r-slslered.
Readme Eenaral 45
8th.i S ten. 5a.
St. lasula SeUiwotern lat 4s.
Baioard Air Lira adj. Ss. .
northern Bell TAT. Sa.
goathenk Padto crt. 4 ..,
crfivrr. Pmtiia tfr. 4.N I a t 'tis
Southern Ranay " -.
poathem Railwar 4.
Third Avenue rfe lr
Third 4w aAJ 5e .. .
Cmon IUilaj of S 1. 4n
Tnlteil 6U'ea Rubber
rnited States Steel a. f.
Virtmla. Iron Coal & Oe 5a,
Mrfinia Midland 6a Series P.-
vTahath rfds- 4s. Bo Tr Ox rjfl.. atamped ... 57
Weetarn Maryiana ae
Total aales. J1375COJ
NEW YORK COTTON.
iTnmfabed tW. B. Hlbba ft Co.
Open. Bleb Lost
I.. 13.03 11.04 11J5
JTw H.M 1L95 ILK
Ootober - U45 11.53 1L45
December 1147 IL55 1L45
NEW Y0EK PRODUCE.
New Totk, jarch 3. MILL EED-IVmer: de
roaad fair Spiisx bran. 33J0, itaadard middlicCN
TJ.50: Tetem redioc, 3.35. inlar vrheat. In 100
BOtma aaci". to arrtre, 3410. city bran, in
BTH-Steady; dull boaineis IVeiteni. to arme,
Ss Tiload at aboct 10 elf, trick, ard SUt, at TS.
BTS FLOUIl Demand moderate, price are
staadr; sood to cboloe quoted at 3.GOalOO, in barrcla
BUCKWHEAT FLOUR Steady: dealinn are
12fcleai. Choice comical at 3.35a3.45 for 100 pounds.
COUNMEALBteady; trade icactire. Kiln-dned,
uer. for eipcrt. S.I0all5: coaro meal, in bap,
HAT Reonpts. 1.001 ,tona, ehoice staadj; low
gnaea vreaJt Qnotatioca are: Xo. 1 timothy, 109,
atxodani. 7fa; o. 5, SCaS5; No. 3. TSaja.
STEAW BeoBpii. U tons: firm: supply lltht.
Lcbc rya rjwted at 1X0, oat straw it scarce and
PORK Hlrher: boaiceaa esecknd. Mesa, CLOOa
n.TS: family, 33.RII210D
BESF 61mv; lUPTJttea ara meager, and trade
moderate. Packet. ZlOOaD.00; family. S0C3tM.
jARDFlrm: quiet buameaa. Pnme Western,
11.2): recced CJontment, 1L55; South American,
J106; refused Brazilian, in ken, 13.05: beef statrice.
It; Jar terJie, slow; Ktf Tori. Oi. (
NEW YORK STOCK MARKET.
w Tort, Mar S
Bale. Hlefc. Inr. Co
4M00 Amal Corner T1S ' "'
400 Jfcn. Bret near. 1 36 W
1MM Am Can 36". 34 34'
WOO Am. Cm vti 13S 13 1SU
100 Am Ckr & F. sn. 51W 51U
.00 Am Car i. r. pfi lli IK'j HP
JM Am. Cotton Oil 49H '
400 Am Hm A I. 44. 4. 4i
30 Am Hide. & L. itt a 56 36
i.ta Am loe Bee 3 US S
M Am Lnromotlie 36 ! 54
100 Am Milt 11 H 11
V0 Am hmelting 71V W Tl
5( m. huw lli'i llt'a lli'i
f0 Am Trl & Tel I'i 13?. 133
MOO Am. Tnbicco SO 115 30
100 Am. Wrtting P. pfd .... 2) 3 3
1700 Aricondi SI So. 37
WOO Atchison ri0?4 101 VS
100 Atchiion rd lOO'i IMS 100',
110 Atlantic Cout ne .. -13 13 25
100 Ilaldwin Locomotlte. 49 O 49
X) Ilaltimore i. Ohio 103". 101S 10S4
400 lUtopilu Mm 1. l'i IS
1.000 Bethlehem feteel 37. X 37!.
TOO Bethlehem Meel r4 . K Id
SOW Brookljn lUp'J Trtnilt. . 91'. S '.
KO Brocilrn In. C.u .. . 131W 13S 131S
EJ00 Cii PMioleam . . 51 10 514
30 Cil PrtjrJfum p4d . . SI M fl
Sao Cinxdlin lldDc. . XI 331. 23 -i
tdt dnidlin rlf!i: Ut pfd S4 2SV.
ZSCO Ceatnl rthir . tt- S 3
TO Central Irttixr i VU "'. S7V
1.M0 ClBuiwike & Ohio Wt 71'. 7K
3V Cbimea c,rrt Urm 15. 15 IS
100 dhiraco Cnl Wert pfd . .n TO 30
1JCO C. M. 4 St P 1101 1. 1(0'
11) ChiocD i Northwtrtem . 135 IK1 135ii
100 Wo & V pfd .. .. 1 1 168
iro 1 Ci O A M. I .. 53 a 53
10'W Cliino Con Copper , ". 40S
W Colnrxlo F-rI A Iron ... W. "4V 55
300 Onlorado A Southern . . Z S
700 CoDKiidlted Gas . lvfi 113 lit
11 B CVrn Ilwiurtj . . 12 IN. II
2.1 3rn PredJcU r4 . 3 pn, p
3W Ttrar rid . . "Ki, s. v,
vn v u A vr . o m 40i
in I.-nifr A Ttio 1 . 3 30". 3D'.
101 Ilrmer I'Jo fi rfd . 16'. Iff. ".
loint.s&A .: 7 r
4-OT Fris . ... 364 r. 3!'.
yn rn- i pfd . . . c. ip,
llll IVdcrm M A rfd 3i W 7S
1J.1 Ornril Elrrtrir . 1) 1T 13tT
1,V1 n P Ooodrich . . 41 4(T, 41V
TO It. P ftodrich rfd.
4VO ;old3ell Cwertldltrf 33
1 I Ornt Vonicm rM KTH 137U 1
"M finil Xorth(m Ore nb .1W. 351. jy.
" GtiKfn liplo . 7 4oS 4-
'01 Illlnm. (Vnlril KJi, 13S liy,
"oo In.p Conr 1P H'i 17'
ICA Ictfr VIrt. 14". 1-'. IS'.
53M ItitirMtt iJ. . 1 5!'i S
SO Int l'iir . lr, II". ir
'M Inlrr Pipr rfd. V 45 45
"1 Irtw Tump 11', 11 II
TOO Irttr romp pfd- .. W. S 54 ,
3CO Kin. ity oaUVrn . . 3 31 3
1 Km. itr k. pfd . 1 n I
'Ullii tfl ... 11 44 41
4ioi Lthizn liter 1V i57 1W
a U V TcVicro a E
J" IxvUilr. l.t pfi "03 1"1 . Ifl'.
n Lr.n"art P ii IB is?,
ft) rn.viUe A Vli'D J5' I33. 135'.
n .lUi.haHin n . . . pi ri i-i
1 J Mrt Petrol . . . li, 7" Tl".
100 vln PrtmL pfd 1. s, ;
vo vinmi rvippcr .. . 3'. 33 is
ll Minn A iL I. . pi, rn, 13',
101 5f . S ft S S M . . IX'. 1TI, lis
l'i Vto Kan A Ttt. 35. Si. 35J.
3T1 JIo Kin. A Til pfd . 6-. .
ITT) vto Pidilc . -'. JI 3H,
0 Ntionl Hiscolt . 1,71. lib., i;i,
10l V.t Pn. A St . . 15'. 151. IS
101 V It It of M. lit pT4 . VI 53 M
iBM Nit On Copper "4 1"S lr.
l n N T. rVBtrai urs i, lert,
1 on V T . S n ft It 135", 13 12S1,
.10) V T O ft VT TlVi t1. 3J ,
VI0 Norfolk- ft Western . .. . 105", lib", lit',
3 400 Northern PirtSe l'S', lis 11".
a Padflc SIill 3S S1, Si
3.7011 Pennnrlrini, R R. . . 13H, 131 1J'
W P) P. ( t 'I I. ... osv, -r
KU Pitt.hurg roi . :i. r
tun rittibnrj iViJ pfd. . n 8, y
no Prcvwi Steel Cir 37. 17 371.
m Prewnd :terl Pir pfd . . ! M
m IUilwar Sel apriiiff Tl . J
7 500 IUt Con Cop ... . 13', 14'. 13',
67 mi Undine b3' l'-. liS
41) Itm-lt Mul 3', "", 3
7") Hock IiUnl rid .. V"i "-', l'i
I") Itomdr .71 71 71
TO qehnr4 fir Un rd . 41 4t II
J1 ft I ft S. P 31 pfd .3 31- 5
V sr. Rotbork . . 0 IV, 1"1
TB-o Fouthem Pintle . . . c. iro 100S
1.4ft) Southern IluliriT .. .. 35 3; 3'.
i Southern Rr pfd . . .. S0. '. SW.
1 I Tenn Opper .... 34 3T3. 37",
310 Tei.i Co 115 113 113
: J" Third Virnue
w nd .. r1.
NX) Cn Bll rap . .. 6
30 -vi L'cion Pacific 135S
1000 Union Paoflc pfd. f3
E00 I'd Ry Inievt. 3
SOO Cn Itr Insert, pfd .... S31,
SO U R C 1 P ft F 1JS
3.TW) U b Rabher CS
100 U ! Rubber In Pd .. lOo
57.HO V S Steel
I f S. Steel pfd . ... 106'.
200 ttah Copper . . 5T
j-J V a -Car Ch. pd .
13 ul Detinrlnc
100 Vol Hetinninir rfd
LK WabaiOi pfd
J00 W Miryland
M0 Western Union Tel
1.300 Uestiiehouie M'J
. ice'. iy.
10 Wnolworth 1"i S6 1,
ion Wolnorth pfd . 1!3S 113S 1I3S
l'O Uhetlms A U t . P. S C
Totil eales 4 190 .hares against I2?933 Satur
day 32.eO a mvk ao and 4.2 37 a year ago
NEW YORK CURB MARKET.
N,w lork Vlarch 3 TVj-dlye doanf pneas of the
mr4 adire mrh secnrltlea were
Vntlo Vmeriean oil
I i.di . . .
Itrltleh Amennn Tobacco . .
. ZU 23,
(jreene Caninea .
IfoUincer . . .... ....
Intercontinental Rubrer .
L Rose Ojrtsollfiated.
L. V Goal Sales Co
Mason Vallei A .
Marconi new . .. .
NiTS5sme Mires . ...
sundird Oil. m-snb . . .
Tohocco IVod'icta ii
Tvkon Gold . .
Cnltrd Ugar 6tores-.
United Oear Stores pM
Adime Express 4s
Braden 6s ..
Braden 7a. .
B R. T 5a, notes
ChierRo Kerated 5s ,
Montreal Tramwar 5
Pacific Gas A Lleetnc 5a.
Wcetern Pacifc 3
3116 3 3-16
OUTSIDE SECITRITY NOTES.
Veir York Mirch 3 Tim t radios on the cut
tide securities market today m quirt, bat with
& enTIy firmer tone ahoim. Tb upecialties
wrre the crnter of intorst. tSmnp to the rtarp
dtancn. r'iffir Stnrw. was th feature of 1hl
iCTorp, adTftjianc neart 3 point on CMnparalKelj
licht txadicc Tobacco Prudueu prefefred was
aba Ktronjer and txiUfd alwnt as mrjeh. BntKi
American Tobacco was hearj Lmted fitaies
Light and Heat common no)d up 2 points orer the
prrrioQS Hie Manhattin Transit wu tlw actiTe
fratara of this creep and firmer The metal
aliarea were quiet, despite the animation of ths
metal shares on tha eichap A firmer tone iraa
fthowTj, howeTer, in a, few of these Iwir. Ttrsden
Copper as in pood demand and firm Ccbalt
thares were quiet nd steady Ttmopah ttocka
were adire but irreanlar
NEW YORK MONET.
Sew York. March 3, Call money opened 4W;
hifh, ih low. 2, renewal. : cioae, H; rullns
Tate. A. Th time money market Is ttzvoc Th
b&caa are lendine on an extrcmeTr 1 united sale.
for the Rurpo-e of rrpainnc their weakened rtfleire
positioo, aa rrTeaied in baturdaya TCtnrn. Too
market is in ajnsoqaenceoperatinjf on a Terr ttr
row bals Ratea range from 4a5 per cent for aJl
maturities up to i months. The crenia of th
week sees no material chance In the commerrUl
paper stuition City bank persist In keeplnf; oat
of the market, 'while the Tolmne of paper morinx
in the country is cood. Sties are mxintaned at
6a5U ptT cent for the best name.
London ducensu, 4 i-tt per cent, off M per
eent: rarfa duocmnt. ZK per cent, unchartced:
Bcrlio diacoontJ. 5S per cent, cp U per cent.
For a Disordered Stomach .
Kofi's Lemon Seldlltz is the areatist
thine In the world. It is-prescribed by
neivsiclnna pl-prwhera and far asilai lav
all druwElaw. V .
WALL STREBT GOSSIP
William Loeb, Jr., has forwarded to
Washington his resignation as collector
of port of New York. As soon as his
resignation la accepted Mr. Ioeb trijl be
come, managing director of all the Gug
London Copper warrants closed at
noon at sbtty-sir pounds five shillings,
both spot and futures: up one pound
seven shillings six pence for spot, and
one pound five shillings for futures.
Judge Martin A. Knapp. of the Com
merce Court, yesterday appointed Will
iam L. Chambers, of Washington, as the
third arbitrator in the controversy be
tneen the Eastern railroads and their
firemen. March 10 nas the date fixed
as the time for beginning hearings to
take the testimony. Mr. Chambers was
formerly a member of the Spanish
Treaty Claims Committee.
When rails cost monev. In consider
ing the ever-growing plaint of railroad
managers over the constantly Increasing
cost of materials and supplies, it might
be well to think ofvwhat they used to
pay in the pioneer days of transporta
tion In 1S70. when the actual work of
the construction of the Northern Pa
cific began, the first rails used cost Just
J a ton. Ana history fails to record
whether or not they were worth it.
The Supremo Court of the United
States will not hand dovin Ita decision
In the Minnesota rate case to-dav No
decUlon until next Mondaj. The Su
preme Court Is proceeding with the
docket, but no further decisions will be
handed down ulhll nxt Monday
Boston commission houses are very
bullish on the copper-, and thej think
general market has turned
The Department of Justice, vesterday
filed suit under the Sherman law. at De
troit, Mich , against the Burrough's
Adding Machine Company, and at Tren-.
ton. X. J. against the American Thread
Company, both of which corporations are
said to be monopolies in restraint of
trade In the case of the Rurrough
Companv consent to decree of dissolu
tion was entered by the court
More gold for South America Halt-
garten Jnd Companv jesterdav engagtd
JSO.IW) gold for shipment tn South Amer
ica on the S S Voltaire on Satur
Ixindon special from Central Nt-vn.
le British-American Tobacco Company
yesterday declared nn Interim dividend of
Vi per cent, payable March 31
Americans were strong an4 higher in
Imdon yeitcrday. The foralgn war is
progressing rapidiv toward settlement.
The Pujo committee repon has fallen
flat, in view of the fact that it Is regard
ed as a personal opinion from Attorney
Cntermver, members of the committee
having been barred from participation
the report All lines of business are
active The worst is known regarding
politics The short interest is large
the market and investors are waking up
to the fact that stocks are cheap
Chicago. Steel market continued ac
tive, with pressure on mills for delivery.
Makers of plates, structural" and bars
report that new business still exceeds
I.ondon rortn!cht!v statistics of cop
per show stocks decreased 1.33 tons and
visible suprly increased 11 tons
American Beet Sugar Companv has de
clared the regular quarterly dividend of
l! Per cent on Its preferred stock, pay
able April 1, to holders of record March
Western Maryland January gross- In
crease. S125.CS: net Increase. JT.631.
L S- N. January .gross Increase, JSSi,
KH. January net Increase, JITMCS.
Baltimore Special It developed yester
day that the United States Govern
ment authorities are introducing evidence
before the Federal Grand Jurv. at Bal
timore, for the purpose of filing a bill
later for the dissolution if the Amer
ican Cnn Company. The proceedings aim
at the dissolution of the company rather
man at criminal prosecution Accord
ing to an authority, more witnesses were
called yesterday to testify In the case
One of these was John T. Taliaferro, of
the continental Can Company. This is the
last dav o' the Federal Grand Jurv here
for this term, but It is believed, that
the investigation will be continued before
the next Jury, when that body is
organized. In a short time.
K B Chapin . Co The buoyancy
and strength the stock market dlsplajed
from the opening was due to the
b'tter huving of a more general char-ic-ter
from the spread of the much im
proved sentiment on the situation and
This caught the market in such a.
heavily oversold condition thexre was
much forced covering of shorts carrjlng
the general list up V, to 2 from Satur
day's closing for the market leaders.
The slight reaction from the top dur
ing the lato afternoon was duo to the
tiui! realizing and fresh selling by the
trading clement still skeptical of the sta
billu of the improvement
We look for the continuance of a cood
trading msrkct f r the present and
would continue suggestions of buying
any of the good stocks for moderate
turns, especially in th event of fresh
reactions. The new subwav contracts
will be signed to-day and all the
traction stocks should therefore show
greater strength and activity.
Increased strength developed in the
copper metal market yesterday, prices for
electro! tic being generally quoted at
fifteen cents for, deliveries In March.
April and May and. according to some
trade authorities, a. further improvement
may be looked for. A bill In equity was
filed by the Department of Justice In
the United States District Court yester
day afternoon against the American Corn
Products Company, the Barrett Manu
facturing Company, the National Coal
and Chemical Company, the New Tork
Roofing Company, and others.
Fnroiihcd b W. B. Hibba & Co.
drentnrs 51, 4
Bohemia 2 su
Calumet & rizorja 62 fi-
Calumet & Heda 455 460
Copper Rants 4:4 is
Kast Butte 12S 124.
Fnnkhn . 6. 64
Indiana V, 11
Lake let. ir
pa 6alle ,. ?. r, 4
Maaon vailer Is TH
Majflover .3. x 10
Marsrnthaler ... 3P4 at
Michigan l1 2
Moheirk tt .7)
Nortli Butte -Hi si
North Ike 1 2
Old Colortr 5H c
Old Doininiaa 41 (34
Oneoj 1, Pi
Oscaoll SO 90
Qulncr CS SSH
Shannon , 11 HU
South Late P, 74
Swift lOS'i 106S
Tamaraok ....................... 30 sz
Trinitr .- ..- 4H 4l
United Fruit OS KI
Utah cou. i '
Victoria .. , IX M IS
WolrerilM ,."., ' K S
m a s
WASHINGTON STOCK EXCHANGE.
Salet-Recslar call, H o'clock boob:
Waihtofton Oaa Ja. COS at MM.
Capital Traction. 3 at 12SL
Waihhifton Rallvr and Qntrla cccl.
S4U. 3 at SWi.
Vvaabiscton Bailvar and Beetric pM.. 1
w at oa, ma
Marrrnthalw. 1 at ST.
Lanston. 1 at SW. 10 at Wi.
After oall-Mercmtlialer, S at zTfti. 4 at BTvi. 19
Waahuurton SaSmr and Eleetrte 4a. Jl tt at C
fl.000 at S3.
United Mites mistered 2a. 1(0 101H
United Statee coupon Za lWi WIH
Celled gtatea rrtfitrred 3a. 1(3 1CJH
United Stales coupon ........ ItCH 1M
United Statra rrrliaercd 4a...". VJ UM
United States coupon 4a.: WS 114ft
Geomtsvn Oaa cert. ind. ta.. ..... in
Georgetown Cas Sa. loj .....
ttaabtsttoo Gas Sa ... 100 110
Capital Traction 6a no 111
City 4 Suburban t 1(0
Columbia 6a. .... 1D1
MetroDolitin R. R Sa 104
Walhington Railway A ESectrls 4a...... O
VVaahlngton. Alex. 4 Mt Vernon Sa.
Potomac Hectrle Cona. Sa ion,
Potomao Oectrio I.urht Sa. 105
Cbeaapeike 4. rotolnao Telephone Sa .. 106
American TeL 4 TeL la........... 10J
I J. Pacer Mrg 5a. 10
Norfolk 4. Waaalrctoa S. ..... 104
nisu Reahr Si flongl ins
Ulfga Itealtr Sa (ihortl 101
rUBUO UTIUTIES BTOOKS.
Capital Traction ... I2?s.
( aahlnxton Railway it Electric com ... ST.
Waahmgtnn Railway A Hectrle rfd . . (B
Norfolk A VTaahlngton Steamboat. 300
Waahtettoo Gaa fU
Georgnown Gaa ... .. ftosj
American Tel & Tel 130
TYrE MACniNE STOCKS.
Mergenthaler liiotTpe . . -371.
Lanston Monotype fcW
Greena Caratiea T
NATIONAL BANS STOCKS,
Commercial . ......... 19
rtxmen A Meehanlrs SI
Uncoln ..... 151
Metmpnliun . M
lUcn ,. .. W!
Sercnd . .... lea
NaUocal Bifk of Washington
TRLST COVIPVNT STOCKS
American Security A Truat
Sitloail Sating & Truat M
t'uiori Truat US
taiiugton Loan A Trust 2)4
United State True. US
SAVINGS BANK STOCKS.
Citizena" . Its
Bark of Ccmmerca and Rartnp ....... 11H
Eait Waahlrcuo ISH
nRB INSCRANOE STOCKS.
Arlington ... IS
Oorcmn . . H K
Mrfmi'B .... 194
Geru-an American Tt
NatiTial Lmon . ... ... et
TITLE IN?CR4NCE STOCKS.
Columbia . SH
Real Eta e . 3)
Chiptn Suki ..r ISO
l'aprr Mfg Co 134
Uraphopbcuo ccra . .. ............. .. .
Orapbophone pfd. .
MerrfiantV Trara. A Rtorage , IOS
Security SUroge 210
tVaahlcgton Mirtrt. 17
CHICAGO GRAIN MARKET.
I-umiihed by W.
3' V4V 31
Ji". U 34
FurnLhrd by W. B Bibba A Co.
IHJKK- Onen. High Lew clce.
Miy 3,50 a s: ami 345
July A "030 'J)3J 2017 aiT
May I0S5 win .0 v 10 IC
July 10B 1053 10 10
May lan UOSO 1073 1075
July 10T2 10T5 mm 1070
W. L. CHAMBERS IS
Georgian Designated to Assist in Set
tlement of Controversy Between
Railroads and Firemen.
Judse Martin A. Knapp, of the Com
merce Court, esterday appointed Will
lam L. Chambers, of WashlnRton, D
C, as the third arbitrator in the con
troversy between the Eastern railroads
and their tiromen March 10 was fixed
as the date for the beKinninB of hear
ings in New York City.
Mr. Chambers was former!- a mem
brr of the Spanish Treaty Claims Com
mission, and was nppointed after W. AV.
Atttrburv. of Philadelphia, for the rail
roads and Albert Phillips, of California,
for the tiremen. had failed to settle the
dispute within th time allowed. Judge
Knapp was advised in hig choice of the
third arbitrator by Acting; Commissioner
of Lftbor Hangar.
Mr. Chambers is a Southern man. born
In Columbus. Ga , March 4. 1K2. Ho has
held several prominent offices. Including;
the presidency of the First National
B.ink. of Montgomery. Ala , and was
president of the companv which found
ed Sheffield, Ala . now the second city
of the South in Iron production. He was
the American member of the commission
under the Berlin treaty of 1S90 between
England. Germany, and the United
State, chief justice ot the International
Court at Samoa, 1837-1901, and member
of the Spanish Treaty Claims Commls
sjon. He also belongs to several scientific
ABE MARTIN SAYS:
Elgin Tyler, a veteran o' th'
Boer war at St. Louis, succeeded
Gabe Craw as pustmaster here is
terday, an' you can't tell th' dif
ference, 'cept Gabe puts up a better
game o' checkers.
A icller kin faij at everthing an
still be fond o' grind opcry.
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Annual Report of Pennsylva
' nia Railroad and Its
EXPENSES ALSO HIGHER
Reconstruction of Bridies Betweea
Washington and Philadelphia to
Be Finished This Year.
Tli sixty-sixth annual report of the
Pennsylvania Railroad and its system
shows tho wonderful business dona by
that company. It owns :,1!8 miles of
line, leases 1,685 miles, and has 87
miles of canals and ferries. It shows:
That tho total rail operating reve
nues were J174.C07.C8S ::. the largest
In the history of the company, an in
crease of J17.i;o,lSS,52, or 10.87 per
cent, as compared with 1911.
The Increased express frame resulted
In a greater gross return to the com
pany. The future effect of tho parcel
post on express revenue cannot as yet
be determined, nor 1b it known what
affect the ohanjre in express rates, or
dered by the Interstate Commerce Com
mission, will nave, upon tne revenue
received from the express company
operating over its lines.
In the transportation of untied
States malls the revenues show a de
crease, although the volume of the
traffic increased. The rates arc fixed
by Congress, and there is a Congres
sional Investigation of the subject at
the present time It Is hoped that
after due consideration la given to the
value of this service and to the special
facilities It requires remunerative
rates will be paid.
Rail operating expenses alo are the
largest in the history of the company,
showing an Increase of J13.409.5Sl.u6,
or 11.S4 per cent, caused principally by
the increased tramc which necessi
tetted not only greater outlays for
transportation expenses, but also for
repairs and renewals of roadbed.
bridges and buildings, signals and In
terlocking, and for other items which
add to the safety and comfort of the
patrons and employes of the road, as
well as for repairs and renewals ot
equipment and Increased charges for
n the wage questions that arose.
during the past year with the engine-
men and firemen on the railroads In
the Eastern district of the United
States, represented by their respective
brotherhoods, a general strike was
averted in the case of the engineers
by the appointment of a special board
of arbitration, consisting of seven
members, one selected by the railroad
companies, one by the Brotherhood of
Locomotive Engineers, and the other
live appointed by the Chief Justice of
the Supreme Court of the United
States, the presiding Judge of the Com
merce Court, and the United States
Commissioner of I.abor. collectively.
he n't revenue of raU operations
hows an increase of J3.710.633 96.
Taxes continue to increase, the
charges for the present vcar exceeding
e of the previous ear by $33:.-
The tonnag" for the vear increased
14 5S per cent and tonnage mileage In
creased 17.53 per cent, while the freight
triin mileage increased only 10.95 per
cent, due to an increased tralnload of
1.17 per cent.
The passengers carried increased 7.42
per cent, with increased passenger
mileage of 6 71 per cent, while in the
face of this the passenger train mile
age increased onlv 1 S8 per cent, due
to the average number of passengers
per train increasing 4 84 per cent.
In the deductions for lease of other
roads the larger pajmenta are due to
the Increased revenue earned on roads
operated on the basis of net revenue,
The decrease In the Interest deduc
tions for funded debt, compared with
1911. was due to the maturity and pay
ment on May 1. 1912. of the River Front
Railroad Company first mortgage
bonds, and on November 1. 1912. of the
Pennsylvania nallroad Company 34
per cent convertible bonds of 1902. and
also to the payments of principal due
on equipment trust obligations.
It will be noted In the Income state
ment that J6.000.000 has been appro
priated to the reserve for additions and
On the Philadelphia, Baltimore and
Washington Railroad, the work of re
constructing the bridges over the Gun
powder and Bush rivers Is proceeding,
and will be finished during 1913. The
reconstruction Jtt the bridges over Stem
niers Run. Back Rrvcr. and Owynns
Falls will also be undertaken In the pres
Pensions for Rmpln)ri.
The pensions paid during the jear
amounted to JC46.375.S4
The stockholders will bo asked to au
thorize an Increase In tie annual sum
set apart for pension purposes from
J700.000 to JTcAOOO per annum and to give
authority to the board of directors to
hereafter increase the pension appro
priation to such extent as may, from
time to time, be necessary to meet the
purposes for which the Pension Depart
ment was created; such Increase to be
reported to stockholders.
The additional appropriation Is neces
sitated by the increasing number of pen
sioned employes, especially between the
ages of 65 and 69 years; and the ad
vances In' wages made from time to time,
which Increase the average pension al
lowances. HARRIMAN GIVES NOTICE
TO NEWPORT CREDITORS
Pays All Obligations but Warns Trades
men Against Giving Credit
in His Name.
New Tork, March S. Joseph Harriman,
of Newport. Aiken, nnil New York, a
relative of Joseph W. Harriman, the fin
ancier, and of J. Borden Harriman. has
settled all claims against him in Newport
at the rate of TO cents on the dollar, with
the check mailed to each creditor Is the
"'Gentlemen: Please take notice that no
credit is to be furnished on ray name
to any member of my family, or any
other person without a written orderifrom
me. I will not be responsible for any
Roods, material, supplies, or labor .fur
nished to any one unless upon my written
order bearing- date subsequent to the date
ot this notice.
"Tours very truly.
"By Anderson & Anderson, Attorneys."
Mr. Harriman. according to the attor
neys. Is at present out of town. It is
supposed he Is at Aiken. 8. C. In his
absence the attornevs refused to discuss
the notice sent to fne Newport store
keepers and others.
Andrew D- White, now eighty, of
Ithaca. X. Y has takth up tho study
h"t.?:.r- h." '5 u th" 'tudr T-re.t Voniitar CirnnUtian. '
vt cruaiaoicft I -. - -- - m
A Policy of
E. SOUTHABD PARKER... Pres.
8. W. WOOIWARD...Vlc Pres.
it A. WINTER.
Vice Pres. and Chairman
C U BOWMAN Cashier
W. R. LEWIS Ast. Cashier
II. B. Denham.
Victor J. Xraue,
S. M. Jarria.
WHtoa J. Lambert.
A. r. I Lecile.
William II. Lrnn,
Vm P. Milta..'
R. L. Sloctifue,
K. Southard Parker.
Brainerd W. Parker,
Joeer C Ralph.
A. E. Bir.dk.
31. A. Winter.
H. W. Wocde-arf.
Union Savings Bank
710 14th Street N. W.
Our wire system reaches every important city in the
country. "Give up" orders executed in all markets.
Whelan, Duer & Lanahan
737 Fifteenth Street N. W., Washington.
Calvert Building, Baltimore.
Members New York and Baltimore Stock Exchanges.
The Safest Investments
Are thoas tht do not flaetuata Iyrtci 31-tart-rt
cratUtlaci of the moory or (lock mar
ta First de4 of tnut notn (int inert
ffE), wvll ircurM on ml MUte In tb Dis
trict of CoIcffibiA. constitute " filt-i In
Ttmentn Tbrj do not dernd cpi th
CcincUl rwponMbility of Indltidtiali or err
pontioM for tfcclr tUWUtj nd irs netnpt
from Uxitlon is prnoniJ prpprrtj. W cn
supply sK.eb in?rrar't In Amounts from (50t
upward. Send for book lat. ' Coccerrleg Lotxj
Swartzell, Rheem &
TXT 13th Street Mortnntat.
Burglars May Stop There Frank C.
Sainks Withdraws Chil
Alexandria, t . March . Chief Gool3,
oC the police force, supEests that citi
zens take extra precautions against
burKlars and sneak thieve, as manv may
stop ofl'ln the cit)
Frank C Spinks has withdrawn from
the clerk of the courts race, leaving he
Incumbent. Newells Greenaway. a clear
Most of Alexandria was in Vashington
to-day. Outgoing trains were taxed to
their capacity with the crowd. Trains
were run by the electric railway at Inter
vals of five minutes apart. Alexandria
will take a holiday to-morrow to witness
the Inauguration Practically all busi
ness will come to a stop at the noon
hour. The public and private schools
will have a holldaj. At the city post
ovWce there will be onl) one delivery of
mail. Extra trains will be used bj the
electric railway In handling the croud.
Steamers will also be utilized.
Many Inaugural visitors are stopping in
this city. Hotels and boarding houses
Ten bovs. ranging in ase from eight
to fourteen ears. and one of them
colored, and also a mall white gin,
wero charged in the police court to-day
with destroying property of Dr. George
The court fined three bos JIM each.
acquitted fixe and turned four over to
their parents for punishment
Clarence Barber, a soldier from Fort
Hunt, charged with throwing brnks
through the door of Mary Belmont, was
fined S3 tn the police court tn-dav
Ferdinand Patton, charged with vag
rancy, was sentenced to serve thirty
days In Jail.
The funeral of William Gaskill will
take, plaoe at 2.30 o'clock Wednesday
afternoon from his lato home. North
The National Fruit Product Company,
which was recently granted a charter by
th State Corporation Commission, will.
It Is announced, take over the business
of the Board-Armstrorur Company and
manufacture elder vinegar. The capacity
o- the factory .will bo increased to 2,
500 barrels a year, it Is stated.
Terry T. Briclter Drowned.
Terry L. Bricker, son of Abraham
Brlcker, living at 615 N Street North
west, serving as a hospital apprentice In
Guantanamo, Cuba, was drowned re
cently at the Cuban city, according to
radiogram received at the Navy De
Order for G. A. R- Men.
All members of the G. X: R. who In
tend to march in the Inaugural Parade
will assemble In Four-and-a-Half Street.
near Pennsylvania Avenue, so as to be
in line by 1 o'clock p. m.
REAL ESTATE TRANSFERS.
Third Strtct Soutlirast. bctwwn X and O 8tr
Maurice O Brim to or A Tten.r. part lot
aaare 802. $10
SS Fifth Blrett Smith". Benjamin W Guj t ot
to Albert w Bright, lot . aonare SH. $10.
Chery Chase-Jvhrln P. HlnJI ct tl. to Harry T.
Peter, lota 48 and l. square 173. $10
Sixth Streat Southeast. ttwra G and 1 Strrats-
Harry T IVtrr tn Bd.n r awl Charles A
Hinkel. (art onfinal lot 3) and part lota D and
It Muare WT. $W
3 FeniujlTania Atenue .Northwest hdmn C Bran
flenturg. trcate-. to sara ti. "H-iiwcr., lot IV.
rraerration It. $10
Barry Farm-HThla h, thit..r" to ManeH.n A
Hoffman, K 66. wiware 5U $W
Valley Street NorUmwt. htfi V and Q Strwts
Marian Goutrrrar to cams lajno. part lot ?.
tonare 1271. $
701 MaMachuett Atrnue Northeast-Lloyd G Hen
ry to Samuel A ana Anna hcnnciaer, lot ao,
awnure 8. $10
retwoeth V lHrbT Thorn tcn ct ux.-to Ida M
Montr. Int ?. ouara 323 $10
003 H Street Northeast diaries L. Young et ux. to
John C; aru Anistiia i;nnaye, lot ii, ttqiTare
GirU Portion Waahln Eton and Maryland Company
to Gilbert S. Seek, part $19.
in a bank's service is ap
preciated by business men.
This bank is able and
willing to assist its cus
tomers to any extent justi
fied by their financial
Prompt, atccairatte, and cour
teous aerilee at all time.
Interest paid on
SAVINGS . AC
pounded every six months!
aVThe bask makes money
on deposits avhr not tret
YOUR share of the proBtaT
A limited number of shares of
the Connecticut Pie Company
at $130 per snare. This stock
annually pays $16 per share,
and at this price yields over
12 per cent upon the invest
ment. THOMAS L HUME
60S 14th St. Telephone M. 1346.
Lewis Johnson & Co.
t ESTABLISHED 1858.)
1505 Pennsylvania Ave.
MEMBER XEW TORK STOCK
Private wires direct to Balti
more, Philedelpliia, Xew York,
Boston, and the West.
LETTERS OF rREDIT.
INVESTMENT ORIIERN EXECUTED
"Set Et: and See Better"
EDWIN H. ETZ
1003 -G" STREET
X For Satisfaction Just Try
X A rich, mellow, smooth :
i' Whiskey that "hits the spot aa A
a beverage, and la an ldaal m- 4.
j dlclnal tonic .;.
I Sydney Guggenheim. !
I 1632 1 4th SLN.W North SIS
Preliminary Patent Searches
and Mechanical Reports
Fire or more copies ot competlnJt
K tents. eVc, 5 and up; worth IS.
Tins hundreds often and nmf
A Sepaitite eVrrtce, not connect
with patent law. Try an Enjrlnsor
search: they are dlfferenC
ERGmEER SEARCRIHfi CO.
Cltlsna Jtaak BuOattatar. 4tk Flawr.
Table Luxuries. Elgin Batter.
236 E St. H. E. Phon L. 497
Is the Square-deal Coal Man.
Coal, Wood, Cokti every kind, for
every, kind of stove and fur
nace. 143 B STREET S. E
Phone Lincoln 179.
And Provisions of all kinds. Try
our plump home-dressed Poultry.